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Gold/Mining/Energy : SOUTH AFRICAN MINING -- Ignore unavailable to you. Want to Upgrade?


To: C Hudson who wrote (119)9/4/1998 11:15:00 AM
From: POLARBEAR  Read Replies (1) | Respond to of 472
 
Hi CH,

Randgold and Exploration now owns at least 7.3 million shares of Durban, and it may be 1.4 million shares more than this figure. They have sold off all of their Harmony holdings.

SUF is paying RANGY 16 million bucks for the diamonds. I just got word back yesterday about what is still in the RANGY portfolio, and they have yet to sell off any of their mineral rights package. They still have lots of JV stuff going, but the REAL action is with Randgold Resources. Their exploration results continue to be stunning. I laugh every time I read a press release from some other Junior that can only say they have land next to RR, or they issue some lame assays that don't even come close to what RR is drilling.
Gotta run...more trades to place. More questions...just fire away.

PB